According to the firm, the John Hancock Value Equity Fund invests primarily in common stocks of value-oriented companies, which generally have, among other characteristics, lower price-to-book ratios, lower forecasted growth values, and higher dividend yields relative to the broader market.

Investors had asked for a discount because Nanya's shares had risen more than 30% since the beginning of the year to price/earnings and price-to-book ratios, exceeding larger firms in the sector such as Micron Technology and Infineon.

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